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Shops for sale in Egra

Egra, Purba Medinipur, West Bengal – 721429

Punjab National Bank · ARMB PASCHIM MEDINIPUR829400

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Reserve price
₹3,00,60,000
EMD
₹30,06,000
Bid increment
₹1,00,000
Area
1.10 acres
Price per sq ft
₹627

This is the 8th auction of this property. The reserve price is 10% lower than at the last auction (₹3,34,00,000 on 15 Oct 2026). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property18 Oct 2026, 10:00 AM – 11 Nov 2026, 4:00 PM
  2. Pay EMD and submit bid by12 Nov 2026, 4:00 PM
  3. Auction12 Nov 2026, 11:00 AM – 4:00 PM · in 25 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
12 Nov 2026₹3,00,60,000-10.0%Upcoming
15 Oct 2026₹3,34,00,000—Upcoming
22 Sep 2026₹3,34,00,000—Closed
24 Aug 2026₹3,34,00,000+15.2%Closed
28 Jul 2026₹2,90,00,000—Closed
30 Jun 2026₹2,90,00,000—Closed
30 Mar 2026₹2,90,00,000—Closed
6 Mar 2026₹2,90,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹30,06,000
Rest of 25% when you win (same or next day)
₹45,09,000
Balance 75%, usually within 15 days
₹2,25,45,000
Stamp duty and registration (about 5–8%, varies by state)
₹15.03 L – ₹24.05 L

You may bid above the reserve in steps of ₹1,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Commercial · Shops
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Equitable Mortgage of Commercial four storied building at Dist – Purba Medinipur, Mouza – Purushottampur, PS – Egra, Khatian No. L R 2192, Hal Khatian No 2193, 1240, 300/1, 356/2, vide Deed No 6289 of 2010, 2711 of 2012 & 1121 of 2013, Ward No – 8, J L No 24, under Egra municipality of measuring area 11.99 Decimal, built up area 17181.88sqft commercial building in the name of Mr. Matiul Khan S/o Mr. Hanip Khan (Partner of Borrower A/c), Butted & Bounded by : - North – PWD Road, South – Municipal Road, East – Property of Prafulla Das, West – Vacant Land owned by Bus Association.
Borrower
M/S. Egra Bazar LLP

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